From what I understand, this is due to the ability to increase the ARV (After Repair Value) of a home through renovations and increase the home's value; then refinance with the higher ARV to get a second lower mortgage which replaces the first.Not to mention that foreclosures for the same areas are cheaper than comparable non-foreclosed or pre-foreclosure properties.However, hypothetically:If I were to buy a property, not refinance it, save up over a couple years to buy another property and refinance that, I would be ok with that.Is there anyone that has experience with buying non foreclosed homes and any details?

Once you have found your ideal base rate, the tool will increase your rates according to demand, and do last-minute discounts etc...The most valuable feature for me is the ability to dynamically adjust your minimum stays to close gaps or to get extra bookings when time is running out.

Part of the Denver/Boulder market are land constraints that we do not have, so we have continued ability to grow and infrastructure in place for such.  

To do this I think he should attend college and then use that degree to save money, learn the business, network and obtain a RE license.

My two main concerns are legality and ability to accumulate funds to invest with.

I am currently attending the University of Missouri, but I plan to work and reside in Kansas City following the completion of my degree.

Now that I've learned a bunch from the site my next deals will be better.My advice to you - get a good job leveraging your degree once you graduate and max out that W2 income while you continue to learn real estate. 

Low down payment, ability to earn great cash on cash returns and recycle the remaining money into future investments.

Requires patience, persistence, and ability to take action.

This will give you the ability to hit the ground running from Day 1 being involved with transactions, how they work, etc.